What External Factors Can Alter the Value of Higher Education

question 41

Multiple Choice

What external factors can alter the value of higher education?

• A) Typically college is not a good investment and does not confer lifetime earnings advantages.
• B) Family obligations may ultimately make a higher education a bad value if a graduate cannot move to a new area for employment.
• C) College degrees are more highly valued from other countries, driving the value of US higher education degrees down.
• D) If students find themselves post-graduation trapped in a tight labor market and forced into jobs for which they are overqualified.

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Definitions:

Accounts Payable

A liability account that represents amounts a company owes to suppliers or creditors for goods and services received but not yet paid for.

Stockholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing the ownership stake of the shareholders.

Accounts Payable

An obligation that a company has to pay off short-term debts to its vendors or service providers for purchases made on credit.

Chart of Accounts

An organized classification of all financial accounts in a business's accounting system, facilitating the recording of transactions and financial reporting.